Logo ofBasic Chemical Industries Co. (BCI)
Basic Chemical Industries Co. (BCI) sold today, May 14, a land plot in Jeddah for a total value of SAR 12.8 million, with no other related parties to the deal. 
According to a statement to Tadawul, the transaction is part of the company’s periodic review of its asset portfolio and aligns with its operational and strategic plans.
BCI said it has received the full value of the transaction and expects the deal to have a positive impact on liquidity and cash flows.
The relevant financial impact will be reflected in the company’s results for the related financial period.
Logo ofBasic Chemical Industries Co. (BCI)
Basic Chemical Industries Co. (BCI) sold today, May 14, a land plot in Jeddah for a total value of SAR 12.8 million, with no other related parties to the deal.
According to a statement to Tadawul, the transaction is part of the company’s periodic review of its asset portfolio and aligns with its operational and strategic plans.
BCI said it has received the full value of the transaction and expects the deal to have a positive impact on liquidity and cash flows.
The relevant financial impact will be reflected in the company’s results for the related financial period.
